MyProgressiveRailroading

Capex and capex issues to consider

As has been reported, Class Is are setting aside more for capex once again this year as railroads continue to reinvest in the renaissance they've called their own for some time now. How much more? Ultimately, it probably will be more than North America's largest railroads have publicly stated to date, but there are wild cards aplenty — and capital expenditures issues to consider. Transportation industry analyst and RailTrends® Program Consultant Tony Hatch lays them (the cards and the issues) out in a web-exclusive piece he penned for us this month.